American Life Ass'n v. Vaden

This is an action by the appellee, the benfieiary in a policy of life insurance, against the appellants, on a policy issued to Ira L. Cox, husband of the appellee, by the American Life Association of Campbell, Missouri. The policy was in the sum of $1,000, and it is admitted that the Liberty National Life Insurance Company assumed the liabilities of the American Life Association on the latter’s policies. Hereafter, for convenience, the company issuing the policy will be referred to as company.

The policy was issued . on the 20th of September, 1918. The annual premiums on the policy were…